The Pittsburgh Penguins have re-signed forward Dustin Jeffrey to a two-year contract, it was announced today by executive vice president and general manager Ray Shero.

Jeffrey’s contract is a two-way deal in 2011-12 and a one-way deal in 2012-13. The contract has an average annual value of $575,000 at the NHL level.

Jeffrey, 23, is coming off a season where he saw the most extensive NHL action of his professional career. The 6-foot-1, 205-pound forward established NHL career highs across the board in games played (25), goals (7), assists (5) and points (12) before his season was cut short due to a knee injury March 24 at Philadelphia.

Prior to his injury, Jeffrey was coming off of a pair of multiple-point efforts over his previous eight games, including the first two-goal performance of his NHL career March 5 at Boston. Jeffrey’s second goal that night was the overtime game-winner.

A Sarnia, ON native, Jeffrey has spent parts of the past three seasons with Pittsburgh, collecting 15 points (8G-7A) and a plus-9 rating in 40 career NHL games since being drafted by the Penguins in the sixth round (171st overall) of the 2007 NHL Entry Draft.

Jeffrey played a majority of the first half of the 2010-11 season with the Penguins’ top minor-league affiliate, Wilkes-Barre/Scranton of the American Hockey League (AHL). Jeffrey appeared in 40 games with WBS, posting 17 goals, 28 assists, 45 points and six shorthanded tallies. Those numbers earned him his second consecutive AHL All-Star Game invitation, although he didn’t play because he had already been recalled by Pittsburgh.

Jeffrey has played three-plus seasons with WBS since joining the team during the 2008 AHL playoffs, helping them earn a berth in the Calder Cup Finals that spring. He has appeared in 180 regular-season games with WBS, posting 52 goals, 101 assists, 153 points and a plus-26 rating. He’s added 14 points (7G-7A) in 31 postseason contests.

Before turning pro, Jeffrey skated for four seasons in the Ontario Hockey League with Mississauga and Sault Ste. Marie, recording 252 points (100G-152A) in 246 regular-season contests. In 31 postseason games, he added 10 goals, 22 assists and 32 points.

During his final two junior seasons with Sault Ste. Marie, Jeffrey posted back-to-back 90-point seasons. In 2007-08, Jeffrey ranked eighth in the OHL with 59 assists and ninth with 97 points.